Chapter &
pts
Bay Leaf Industries needs you to do the cash budget. The company's sales were fixed at $ per month, but the company anticipates landing another contract for an additional $ in the second month of the quarter February Thirty percent of the company's customers pay cash up front with their orders; pay the following month, and the last pay within months. Assume that Bay Leaf has no interest or other income at this time. Complete Bay Leaf Industries monthly cash collection table through the first quarter. pts
Amount of Cash Collected
tableSales $Oct.,Nov.,Dec.,Jan.,Feb.,Mar.OctNovDecJanFebMarTotalCashReceipts
